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I'd be willing to do them over my price for a usual 1004. The trick is that I'm supposed to find my data source as reliable, and I doubt I would even get proof of that, let alone even try to persuade me that it is reliable.
Currently, I'd agree. To Justin's point, if we ever hit a bottleneck situation again (which is highly suspect), the hybrid model really does outperform WRT speed. And unlike luddite J, I do believe in ever persevering to be more efficient - which is measured both by time and quality. You do raise a good point, though - who ultimately benefits from the hybridized model? Certainly consumers who get a pass altogether (ACE). I'd argue that consumers who get stuck with 'just' a PDC also win. With the 'PDC + hybrid' model, though, I don't see how anyone comes out ahead either. Just more work for the appraisal management folks.
They don't really care about bottlenecks, if they did they would allow trainees to inspect, or let me vet someone to inspect for me that I trust.
I wouldn't deign to know what they care about, but I suspect the 'bottleneck' argument is clearly hyperbole for them. Unless they believe in unicorns and fairy dust, they probably don't believe in 2% interest rates again either. They do, however, allow trainees to inspect. Its the investors that don't...
I doubt the hybrid model will outperform my speed. My hybrid fee is $100 over my current fee for having to trust an unknown party or a party (agent) with a stake in the process. So, I will continue to get zero hybrid assignments.
So the investors allow a person who trains on a phone app on their own home as training?
If the investors that don't, then by association the lenders and AMCs don't. Do investors accept hybrids? Then they have a double standard that is less than ethical.
I can attest - for a fact - that they do outperform in environments where there is an extreme oversupply of assignments. Back in '21, 'traditional' appraisals in OR, WA, and west Texas were ~ 2 months. We could get hybrids back in about 2 weeks.
You made the statement that the GSE's don't allow trainees to sign unsupervised. I countered that they do. As to what investors do and don't like, you'd have to ask them.
In west Texas mortgage loans are like tumbleweeds.